Chevron Corporate Relocation

At Chevron Federal Credit Union, our goal is to make the relocation process as smooth as possible for you and your family.

Moving is an exciting journey — with new surroundings to explore and new people to meet, the opportunities are limitless. However, moving is not without its challenges. Acclimating to a new place can be difficult, and the associated costs can add up quickly. At Chevron Federal Credit Union, we have been helping families successfully and seamlessly relocate for Chevron-initiated moves for decades. That’s why we started the Chevron Corporate Relocation Program to help you and your family prepare, cut costs, and most importantly — enjoy the experience!

How it works

The Chevron Corporate Relocation Program is designed to assist Chevron Corporation employees who have been identified as Eligible Relocating Employees. The Program helps with major expenses related to relocating for a Chevron-initiated move. These major expenses are specifically identified and will be defined by your Relocation Specialist, with some varying degree based on your approved relocation. 

To begin the relocation process, complete the online Chevron Relocation Authorization form (link found in CVX HR2 web page). Your request will be sent to Human Resources for approval. Once approved, your Brookfield Relocation Specialist will contact you and coordinate your next steps.

Specialized relocation mortgage financing

One of the most beneficial features of the Chevron Corporate Relocation Program is the ability to finance a home purchase with Chevron Federal Credit Union. 

Our specialized relocation mortgage financing provides additional cost savings and discounts to help reduce your out-of-pocket expenses while financing and purchasing your next home. 


Key features include:

  • No lender fees 
  • Significant rate discounts for most mortgage programs 
  • Dedicated Relocation Relationship Managers to assist you


Your fees may vary depending on your approval for direct billing from Chevron Corporation and will be determined by your eligibility and sponsored-new position.  
To learn more about your loan financing options, apply online to get pre-approved, and contact our dedicated Relocation Relationship Managers for additional details. 


Notes about mortgage rate tables

“Conforming” loan amounts are less than or equal to $548,250; $822,375 in AK and HI. “Jumbo” loan amounts are greater than $548,250; $822,375 in AK and HI.

0 point pertains to the "Origination Point Fee" and there may be other loan-level pricing adjustment (LLPA) costs that still apply. These can be affected by the applicant’s loan-to-value, credit score, cash-out, occupancy status, and other factors.


Rate assumptions

Annual Percentage Rates (APR) are calculated based on a loan amount of less than or equal to $548,250 for conforming loans and greater than $822,375 for Jumbo loans. The amortization term for Adjustable Rate Mortgage (ARM) programs is 15 or 30 years.

Rates shown are for a credit score of 740 or better and for the purchase of a one-unit, owner-occupied property on a 45-day lock, based on an 80% or less loan-to-value ratio. Your rate may be different.

If down payment is less than 20%, mortgage insurance may be needed on the loan. This could increase the monthly payment and the APR. 

For adjustable-rate mortgages (ARMs), rates are subject to increase after consummation.

For the 7/6 months, 5/6 months, and 3/6 months ARM programs the interest rate is fixed for the initial 7, 5, or 3 years. After the initial fixed period, the rate will adjust every six months for the remaining term. 

Other amortization terms available.

Not all borrowers will qualify for all rates. Rates and terms are subject to change without notice. Limited to owner-occupied, one-to-four family units. Other restrictions on property may apply. Property insurance required. Flood insurance may be required. 

Rates subject to change daily.

Rates are not guaranteed until locked.

Click here for the interest rate cap table.


Note:
This information is for Chevron Corporation employees who have been identified as Eligible Relocating Employees.

Relocation Relationship Managers

For more information, please contact Chevron Federal Credit Union’s Relocation Relationship Manager Team by emailing the team email address: cfcurelo@chevronfcu.org.

You will then be assigned to a specific Relocation Relationship Manager:

  • Louie Abude — NMLS ID #389199
    Oakland Headquarters: 500 12th St., Ste. 200, Oakland, CA.
    Office: 510-627-5216; Email: labude@chevronfcu.org 
  • Deb Maier — NMLS ID #457071:
    Remote. Office: 510-627-5066; Email: dmaier@chevronfcu.org 
  • Tommy Hampton — NMLS ID #820567
    Oakland Headquarters: 500 12th St., Ste. 200, Oakland, CA.
    Office: 510-627-5221; Email: thampton@chevronfcu.org 
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